Why is Raj Rayon Inds. falling/rising?

As of 10-Jul, Raj Rayon Industries Ltd is experiencing a decline in its stock price, currently at 27.10, reflecting a decrease of 0.28 or 1.02%. The stock has underperformed its sector by 0.72% today and has been on a downward trend for the last three days, resulting in a total drop of 4.91% during this period. Although the stock has shown impressive long-term performance with a 30.73% increase over the past year, recent trading activity indicates a concerning trend, with a significant drop in delivery volume by 83.45% compared to the five-day average. Despite positive financial results reported for March 25, including a substantial growth in profit before tax and operating profit to interest ratio, the current market sentiment appears to be negative, contributing to the stock's recent decline.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -6.55% compared to a minimal decline of 0.06% for the Sensex. While the stock has outperformed the market over the longer term, including a remarkable 12804.76% increase over the past five years, the recent short-term underperformance and falling investor participation suggest a cautious outlook among investors. This contrast between long-term gains and recent declines highlights the volatility and potential challenges facing Raj Rayon Industries Ltd in the current market environment.